Friday, June 17, 2011

IFS Applications selected by a world-leading provider of telecommunications equipment

IFS, the global enterprise applications company, announces that the company has signed a frame agreement with a world-leading provider of telecommunications equipment and related services to mobile and fixed network operators. Within this agreement, a contract for delivery of IFS Applications licenses, maintenance, and services for one the company’s field service operations in one of their markets has been signed. The contract has a value of SKr 8,6 million and IFS expect to finalize the delivery within 2011.

The service industry is one of IFS’s targeted vertical market segments. The company offers a complete and integrated business solution that manages the entire lifecycle of customers, contracts, machines, and equipment. With IFS Applications™, companies can support and improve business processes by collaborating more closely with customers, suppliers, and subcontractors.

About IFS

IFS is a public company (XSTO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on agile businesses where any of four core processes are strategic: service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in more than 50 countries with 2,700 employees in total. Net revenue in 2010 was SKr 2.6 billion. More information is available at www.IFSWORLD.com.